Managed
Accounting Services
Accounting Consultants: Reading More than Numbers
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Maybe you can even hit a few buttons and send an invoice to clients or generate a cash flow statement. But if you don't understand accounting basics, the information you glean from that report isn't going to be much help when it comes to making financial decisions about your company's future. It's like trying to read a watch when you don't know how to tell time.
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Accounting consultants do more than basic bookkeeping. In fact, this person probably won't “do your books,” although they might work in conjunction with a full-charge bookkeeper to make sure your books are accurate.
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What Accounting Consultants Really Do
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Accounting consultants help you understand what the various reports mean, and how the data you're seeing affects your company. Accounting consultants help with a number of tasks related to accounting services:
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financial forecasting
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analyzing financial statements and custom reporting
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determining the profitability of your business
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fixed asset management
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inventory management
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analyzing accounts payable to see where your business might be able to save money
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determining what accounting services you need
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setting up consistent accounting practices
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tax & audit support
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accounts payable (bills and payments)
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accounts receivables (invoices and collection)
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daily general ledger maintenance
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time tracking & job cost reporting
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payroll processing
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expense classification
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sales commissions
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sales and use tax filing
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bank account reconciliation
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credit card reconciliation
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PayPal reconciliation
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Balance sheet generation and review
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Putting the Right Accounting Practices in Place
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Before your accounting consultant dives in with your full-charge bookkeeper to provide accounting services, they will help you make changes to your company's accounting processes and procedures for better efficiency.
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An accounting consultant will implement a bookkeeping schedule, so you receive the reports you need, when you need them, on demand as well as on predetermined deadlines. And then, of course, your accounting consultant will meet with you to help you understand the significance of these reports, so you're not just looking at “numbers in boxes” and wondering what they mean.
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If you're looking for a way to gain a better financial control for your rapidly growing business, and you think outsourced accounting services may be one way to do it, consider how accounting consultants can help.
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Your Accounting Options:
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Full Accrual (including prepaid expenses, accrued expenses, accrued payroll, and deferred revenue)
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Modified Accrual(including accounts receivable and accounts payable, banking & credit card activity, and payroll)
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Cash Basis (receipts and disbursements, banking & credit card activity, and payroll)
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Your Custom Quote Process:
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Call Us at +44 7491 112 101 or fill out the Request a Consultation form
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We will conduct a demo to explain our services, understand your business needs and make sure we are a good fit
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We provide an business advice and review your financial data
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We meet for a thorough file review to discuss your needs and our findings from the analysis
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We provide a proposal with multiple service options, all at fixed fees, so you can choose the one right for your budget and business needs.
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We invite you to explore our services as well as your other options.